The Gross Domestic Product (GDP) in Israel was worth 488.53 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Israel represents 0.22 percent of the world economy. source: World Bank

GDP in Israel averaged 114.36 USD Billion from 1960 until 2021, reaching an all time high of 488.53 USD Billion in 2021 and a record low of 2.51 USD Billion in 1962. This page provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel GDP - values, historical data and charts - was last updated on June of 2023.

GDP in Israel is expected to reach 502.70 USD Billion by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP is projected to trend around 516.77 USD Billion in 2024 and 532.28 USD Billion in 2025, according to our econometric models.

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Israel GDP

Related Last Previous Unit Reference
GDP 488.53 413.27 USD Billion Dec 2021
GDP per Capita 40805.19 38176.75 USD Dec 2021
GDP per Capita PPP 42061.24 39351.90 USD Dec 2021
GDP from Public Administration 57987.90 55055.30 ILS Million Mar 2023
GDP from Utilities 5446.50 6174.90 ILS Million Dec 2022
GDP from Transport 12246.90 11942.60 ILS Million Dec 2022
GDP from Construction 22011.90 20482.50 ILS Million Dec 2022
GDP from Agriculture 4705.50 4003.60 ILS Million Dec 2022
GDP from Manufacturing 44043.00 43978.00 ILS Million Mar 2022
GDP from Services 36064.80 34218.90 ILS Million Mar 2021

Israel GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
488.53 413.27 488.53 2.51 1960 - 2021 USD Billion Yearly
Current USD
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